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- The punctuated equilibrium theory in Latin AmericaPublication . Chaqués Bonafont, Laura; Brasil, Felipe Gonçalves; Rey, BeatrizThis chapter discusses the evolution of PET, highlighting its theoretical and empirical advancements, including its application in Latin America. It also examines the establishment and methodology of the CAP before concluding with a summary of contributions and avenues for future research. Through PET and the CAP, scholars gain valuable insights into the intricate mechanisms driving policy change, thereby enriching our understanding of political dynamics in democratic societies.